Thorntons refinances


Chocolate manufacturer and retailer Thorntons, which has been engaged in an overhaul of its business involving the closure of unprofitable stores and greater focus on sales via other retailers,,  has confirmed that is has secured an increased credit facility. The business is due to issue a fourth quarter update on July 9th and its board expects to be reporting an increase in profits for the year from £4.7 million to £7.1 million.

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